Disbursement simplification in the works to propel economy

Disbursement simplification in the works to propel economy

The Vietnamese government is accelerating official development assistance disbursement, which remains at a slow pace, as one of the key propellants for further economic growth. Simultaneously, new priorities for using this type of capital are being set out.
Disbursement requirements addressed

Disbursement requirements addressed

Numerous projects and investors will be cut off from public investment allocation due to the poor performance of disbursement this year, and this will affect socioeconomic development of localities involved.
Using ODA and concessional loans in efficient manner

Using ODA and concessional loans in efficient manner

In order to effectively mobilise and use official development assistance (ODA) and concessional loans from foreign donors, it is necessary to implement policies and concretise the guidelines of the Party and state on attracting such loans to successfully implement the 2021-2025 socioeconomic development plan and the socioeconomic development strategy for the rest of the decade.
Vietnam gears up for ODA acceleration to drive projects

Vietnam gears up for ODA acceleration to drive projects

Vietnam is in the hunt for huge resources, including foreign capital, to fuel domestic production. With that, the government has set out priorities including working with development partners to seek more preferential loans.
Japanese committed to ODA infrastructure ventures

Japanese committed to ODA infrastructure ventures

With Vietnam strongly accelerating infrastructure construction in service of the country’s socioeconomic development, Japan is expected to continue supporting its strategic partner via official development assistance.
Switzerland launches its new cooperation programme for the period of 2021-2024 with Vietnam

Switzerland launches its new cooperation programme for the period of 2021-2024 with Vietnam

Today, Vice President of Switzerland Ignazio Cassis and Minister of Planning and Investment, Nguyen Chi Dung, launched the new Cooperation Programme 2021-2024 of Switzerland.
Germany to provide €113.56 million of ODA to Vietnam

Germany to provide €113.56 million of ODA to Vietnam

German-Vietnamese relations and joint projects, especially in infrastructure, energy, training, and climate change will receive a substantial boost.
Overhaul in motion for ODA utilisation

Overhaul in motion for ODA utilisation

On the back of sobering performances in the disbursement of public investment and official development assistance, the Ministry of Planning and Investment is currently working on a new draft decree that aims to simplify related regulations and speed up disbursement and, in turn, economic development.
ODA, foreign loan disbursement standing at just 7.5 pct.

ODA, foreign loan disbursement standing at just 7.5 pct.

Only 7.5 percent of official development assistance (ODA) and foreign loans have been disbursed since the beginning of the year according to the Ministry of Finance (MoF).
Investment proposal for route linking Ha Giang with Noi Bai-Lao Cai Highway

Investment proposal for route linking Ha Giang with Noi Bai-Lao Cai Highway

The project on building the route connecting Noi Bai-Lao Cai Highway with Ha Giang province was proposed to draw on official development assistance from South Korea.
Wealth of vital collaboration seen between MPI and JICA

Wealth of vital collaboration seen between MPI and JICA

The Ministry of Planning and Investment (MPI) was the first Vietnamese partner of the Japan International Cooperation Agency (JICA). Since the donor community resumed aid for Vietnam, the MPI has been the Vietnamese government’s focal point in official development assistance (ODA) mobilisation, utilisation, and management. As such, a close relationship between JICA and the MPI has been fostered since 1992.
PM: More measures needed to deal with natural disaster consequences

PM: More measures needed to deal with natural disaster consequences

Prime Minister Nguyen Xuan Phuc on December 2 ordered more efficient measures to overcome consequences caused by natural disasters and help affected residents return to their normal lives.
Disbursing ODA: mission for remaining months of 2020

Disbursing ODA: mission for remaining months of 2020

The prime minister has highlighted disbursing ODA as the main mission of ministries and localities in the final months of this year.
Ministers, local leaders urged to enhance public investment disbursement

Ministers, local leaders urged to enhance public investment disbursement

Ministers and leaders of People’s Committees of cities and provinces nationwide are required to remove difficulties and promote the disbursement of public investment as well as production, business and consumption.
Balancing act required for efficiency of ODA in Vietnam

Balancing act required for efficiency of ODA in Vietnam

For nearly three decades, Vietnam has made use of official development assistance from foreign partners, thereby accelerating socioeconomic development in areas like infrastructure, science and technology, and human resources.
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